Latest developments from the NCUA (National Credit Union Administration), prudential regulator of federal credit unions and savings insurer for members of federal and state credit unions.
A proposed rule to update the federal credit union (FCU) bylaws, published Tuesday in the Federal Register, is out for a 60-day public comment period that ends Jan. 14. Issued by the National Credit Union […]
Spending plans that would raise the federal credit union regulatory agency’s total budget by 4.3% in 2019 and 2.7% in 2020 are scheduled for final consideration during the agency board’s Nov. 15 open meeting. The […]
The federal regulator of credit unions has addressed and closed 13 recommendations remaining from the two previous years for improving its information security program and will be reviewed for one final, outstanding recommendation in 2019, […]
The delay of risk-based capital (RBC) requirements for large “complex” credit unions to Jan. 1, 2020, becomes official Tuesday when the notice of the final rule (supplemental) is scheduled to be published, according to filings […]
Grants totaling $2 million to 203 low-income credit unions to help them improve digital services and security, increase outreach to underserved communities and to train employees have been awarded, the federal regulator of credit unions […]
Four individuals from credit unions were prohibited in October from participating in affairs of any federally insured financial institution, the federal regulator of credit unions said Wednesday. In a release, the National Credit Union Administration […]
As many as 13 deregulatory actions by federal financial institution regulators – including five by the credit union regulator – have been adopted or are in progress during the administration of President Donald Trump, according […]
A webinar on 2018 regulatory relief law revisions to the Home Mortgage Disclosure Act (HMDA) and other consumer financial protection laws and regulations will be hosted for credit unions Nov. 14 by the National Credit […]
More than two dozen “substantive changes” to the structure of the federal credit union regulator have resulted in less regulatory burden for credit unions while “enhancing access to affordable financial services,” the board chairman of […]
After five weeks on the job, the Federal Reserve Board’s new vice chairman is set to give his first public speech Thursday during an economists’ luncheon in Washington. This week also brings an advisory committee meeting […]
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